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Dec 30, 2012
12/12
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the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do need -- we know -- we understand that his balanced approach is primarily tax increases that don't begin to solve the problem. we are talking right now, even more -- most robust increase in taxes would raise maybe $75 to $80 billion. so this tax increase will take care of maybe 3 to 7% of the deficit. he has talked about a balanced approach. what is the solution for the other 93%? that's what we have to start getting our arms around. creditors around the world, at some point are going to take a look at the united states government and say, we are not going to loan you money. when the interest rates inch up, we crowd out all kinds of spending. if we revert to the average interest rate we had from 1970 to 1999, 5.3% that, cost $600 billion per year in added interest expense. that's what we are trying to avoid with a fiscally responsible plan. >> we stand by with you and the
the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do need -- we know -- we understand that his balanced approach is primarily tax increases that don't begin to solve the problem. we are talking right now, even more -- most robust increase in taxes would raise maybe $75 to $80 billion. so this tax increase will take care of maybe 3...
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Dec 26, 2012
12/12
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more than just about obama and romney, it was about socialism and capitalism, spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >>> next, scandal. can you guess who made our list because of bad behavior? >>> i'm victor blackwell at cnn world headquarters in atlanta. here's what's happening tonight. we're starting with this major christmas storm that's creating big problems right now across the south. look at this. it's a large tornado touching down earlier in mobile, alabama. there are reports of damage and tens of thousands without power. this extreme weather is moving towards the east coast. we'll bring you another update in the next hour. >>> new details tonight in the christmas eve ambush that took the lives of two firefighters. william spangler shot the men to death as they responded to an early-morning fire in w
more than just about obama and romney, it was about socialism and capitalism, spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >>> next, scandal. can you guess who made our list because of bad behavior?...
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Dec 24, 2012
12/12
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offer to increase taxes on top 2%, whether 400,000 or 500,000 and of some small spending changes. that seems to be all anybody is talking about right now. that may be all that we can get through. plan c seems to be the original plan a at this point. >> we are making our way through the alpha bet. thank you, guys. merry christmas, all. >> merry christmas. >> see you later. >> let's get to the nasdaq marketsite. seema mody. >> weighing here on the nasdaq on large cap tech shares, take a look at dell shares moving lower. research in motion continuing its plunge after losing roughly 20% on friday with concerns aroundity revenue service model being the key issue there. aside from that, a biotech stock on the move, a small cap but as you see a commendable run over the past six months, gaining 70%. investors piling in, in anticipation of approval. today they got that approval. however the cholesterol lowering drug will contain a boxed warning citing risk of liver toxicity. perhaps that's a reason we are 150eing that stock move lower. on to bright spots, if you can believe it, facebook, b
offer to increase taxes on top 2%, whether 400,000 or 500,000 and of some small spending changes. that seems to be all anybody is talking about right now. that may be all that we can get through. plan c seems to be the original plan a at this point. >> we are making our way through the alpha bet. thank you, guys. merry christmas, all. >> merry christmas. >> see you later. >> let's get to the nasdaq marketsite. seema mody. >> weighing here on the nasdaq on large cap...
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Dec 27, 2012
12/12
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. >>> it is back to work for president obama. he's cutting his vacation short. time is running out to avoid the big tax increases, the spending cuts that everybody is asking can we make a deal. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms cade after decade. [ humming ] >>> we're just five days away from the tax hikes, the spending cuts known as the fiscal cliff, but we are four days away from another financial challenge. t
. >>> it is back to work for president obama. he's cutting his vacation short. time is running out to avoid the big tax increases, the spending cuts that everybody is asking can we make a deal. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. ♪ you make me happy when...
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Dec 29, 2012
12/12
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president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 h
president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the...
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Dec 25, 2012
12/12
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obama took calls from hawaii where she and the first family are spending the holiday. >> so what will be playing in the background this morning when the kiddies open their present? we're cnn. of course, we found a poll on this. ♪ silent night ♪ holy night ♪ all is calm >> that's right, according to the latest poll, "silent night" is america's christmas song, and who else but byng to sing followed by ""white christ mass" >> none of my made the list. >> "it's beginning to look a lot like christmas" is my favorite. i'll spare the singing. >> it's christmas. >> you don't want that, trust me. >> pretend like you're in the shower. >> i'm a jersey girl so for me it's "santa claus is coming to town" by springsteen but looking at the old school songs i like "i'll be home for christmas." >> that's a great up, too. i've been listening. >> coming up, what was naughty and who was nice in the world of politics this year. >> but first a very merry christmas gang-style. ♪ check out my new treadmill app. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life
obama took calls from hawaii where she and the first family are spending the holiday. >> so what will be playing in the background this morning when the kiddies open their present? we're cnn. of course, we found a poll on this. ♪ silent night ♪ holy night ♪ all is calm >> that's right, according to the latest poll, "silent night" is america's christmas song, and who else but byng to sing followed by ""white christ mass" >> none of my made the...
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Dec 27, 2012
12/12
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WBAL
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he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for what's trending today, a quick look at what has you talking online. he's only rock'n roll, but she likes him. actress kate winslet married british tycoon. and singer janet jackson's engagement to her bit of of two years, a businessman, set for a wedding in the spring in qatar. >>> if you shout max in a dog park, the top female and male dog names followed by buddy. and they're in and old classics like rover are out. good morning. center traffic guy bob hurt zog is going viral with his dance antics. >> you can't go that way. ♪ ♪ try to get to work on time i'm just the man
he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for...
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Dec 25, 2012
12/12
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. >>> president obama spending christmas in hawaii. the president going golfing for christmas eve. he's there with his family on vacation. the president greeting people at the golf course there and afterwards, the obamas went to plymouth rock beach on a marine corps base there. >> clayton: thanks. our nation has a long history of faith. but how does faith fit into politics. juan williams is here next with his analysis about it. >> rick: we told but this cop jumping into freezing water to save someone drowning. now the officer is getting the christmas gift of a lifetime. ♪ [ hudson ] we're human. we fall down. we gain weight. and we get back up. strength and determination are human too. so are dinner dates and birthday cake. introducing the new weight watchers 360 program. built for human nature so you can expect amazing. ♪ on top the world right now ♪ join for free and expect amazing. because it works. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive
. >>> president obama spending christmas in hawaii. the president going golfing for christmas eve. he's there with his family on vacation. the president greeting people at the golf course there and afterwards, the obamas went to plymouth rock beach on a marine corps base there. >> clayton: thanks. our nation has a long history of faith. but how does faith fit into politics. juan williams is here next with his analysis about it. >> rick: we told but this cop jumping into...
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Dec 26, 2012
12/12
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cuts known as the fiscal cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama. >> republican strategist, frank luntz has been talking with vot
cuts known as the fiscal cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so...
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Dec 26, 2012
12/12
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WBAL
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he plans to return to washington tonight after spending the holiday in hawaii. kristen welker is traveling with the president. good morning to you. >> reporter: savannah, good morning to you. the first lady and first daughters will remain here and continue their hawaiian holiday. the president and first lady spent part of their christmas visiting with troops stationed here in hawaii, thanking them for their service before they sat down and enjoyed a tradit n traditional christmas dinner. the night before president obama called service members stationed overse overseas. when president obama returns to d.c., he and lawmakers will have just days to avert the so-called fiscal cliff. here is where everything stands. last week house speaker john boehner failed to get his own bill through the house. so now things are in the s senate's court. leaders there will have to come up with a compromise to avert the tax hikes and spending cuts set to go into effect during the first of the year. president obama had been working with house speaker john boehner, trying to get a big
he plans to return to washington tonight after spending the holiday in hawaii. kristen welker is traveling with the president. good morning to you. >> reporter: savannah, good morning to you. the first lady and first daughters will remain here and continue their hawaiian holiday. the president and first lady spent part of their christmas visiting with troops stationed here in hawaii, thanking them for their service before they sat down and enjoyed a tradit n traditional christmas dinner....
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Dec 24, 2012
12/12
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president obama begins day three of his hawaiian holiday. white house officials say this is a working vacation, but talks on the fiscal cliff remain largely deadlocked. meanwhile, members of congress came to honolulu on sunday to along with the president say good-bye to one of their own. with the fiscal cliff deadline looming, lawmakers and president obama attended a memorial service in honolulu on sunday for the late senator daniel inoyue. >> he was really a legislative hero who would never hesitated to collaborate with a republican colleague for the good of the country. >> reporter: there was little sign of collaboration on the morning talk shows. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. >> the president has been a pathetic fiscal leader. >> both sides blaming each other for the impact. >> i think the president is eager to go over the cliff for political purposes. i think he sees a political victory the on the bottom of the cliff. >> on taxes it's hard for the republicans, but the pr
president obama begins day three of his hawaiian holiday. white house officials say this is a working vacation, but talks on the fiscal cliff remain largely deadlocked. meanwhile, members of congress came to honolulu on sunday to along with the president say good-bye to one of their own. with the fiscal cliff deadline looming, lawmakers and president obama attended a memorial service in honolulu on sunday for the late senator daniel inoyue. >> he was really a legislative hero who would...
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Dec 29, 2012
12/12
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and the to sequester these mandatory spending cuts to defense, there's not enough time to deal with those. that is a concern to many republicans, actually many democrats as well. that could be a final hiccup here even as we get closer on the tax question. >> so how are we supposed to do is then, christina? if we couldn't get it done at $1 million. speaker boehner couldn't get that done. is it going to look like a bipartisan agreement of over in the senate that's going to go to the house, may pass with bipartisan support and then that just makes speaker boehner look even worse than he has the past week or so? >> getting a bipartisan deal, i mean that's really an interesting question if it ends up making somebody look worse. what's interesting to me about the calculus in all of this, this little bit of political kabuki theater. in some case that's actually what it is. polls are showing that the american people are actually following this debate very closely. it's one that has been warned about for a long time. the automatic sequestration cuts have basically been warned about. we've known ab
and the to sequester these mandatory spending cuts to defense, there's not enough time to deal with those. that is a concern to many republicans, actually many democrats as well. that could be a final hiccup here even as we get closer on the tax question. >> so how are we supposed to do is then, christina? if we couldn't get it done at $1 million. speaker boehner couldn't get that done. is it going to look like a bipartisan agreement of over in the senate that's going to go to the house,...
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Dec 26, 2012
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in spending cuts and tax increases. speaker boehner even had to withdraw the so-called plan b measure in the house that would raise taxes on millionaires, but keep them low for everyone else because there just wasn't enough gop support in the house. but even after all that, the speaker says this weekend he thought lawmakers could still steer us away from the fiscal cliff. >> of course, hope springs eternal. and i know we have it in us to come together and do the right thing. we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us. even if they come up with a way, your taxes are going up. >> clayton: beca
in spending cuts and tax increases. speaker boehner even had to withdraw the so-called plan b measure in the house that would raise taxes on millionaires, but keep them low for everyone else because there just wasn't enough gop support in the house. but even after all that, the speaker says this weekend he thought lawmakers could still steer us away from the fiscal cliff. >> of course, hope springs eternal. and i know we have it in us to come together and do the right thing. we'll...
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Dec 26, 2012
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>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not to call the house back into session. we know the senate is supposed to convene, but nothing can, of course, take place until the house is in session as well. do we know the results of that conference call? will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't ev
>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not...
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Dec 30, 2012
12/12
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president barack obama in the white house and a house of representatives. we can't hold it in any longer. our very last show of the year is something of an experiment. our first ever annual look back in laughter. we begin the year with the op liptic decline on the mayan calendar. why else would the republicans risk leaving the country? to be run by any of this cast of characters. they thought they would be blown to oblivion. the cookiest of this crew bowed out before 2012 got going. we feared the year might leave us without the gems of 2011, like this one from our favorite pizza man. >> you agreed with president obama on libya or not? >> okay. libya. um, um, nope, that's a different one. i gotta go back and see. all this stuff twirling around in my head. >> or maybe this one from texas governor rick perry who bailed on his presidential hopes by mid january. >> i will tell you, it's three agencies of government when i get there that are gone. commerce, education and the, what's the third one there? let's see. >> yeah. it's one thing to be unable to remember
president barack obama in the white house and a house of representatives. we can't hold it in any longer. our very last show of the year is something of an experiment. our first ever annual look back in laughter. we begin the year with the op liptic decline on the mayan calendar. why else would the republicans risk leaving the country? to be run by any of this cast of characters. they thought they would be blown to oblivion. the cookiest of this crew bowed out before 2012 got going. we feared...
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Dec 31, 2012
12/12
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and spending cuts. so there is a lot to be resolved here in the next few hours. >> too bad we only found out about this, you know, yesterday or the day before. 517 days they've had to work out the details and now we're talking about them all. brianna, we'll be busy today and may be ringing in the new year together. brianna keilar in washington. >>> a ball dropping in washington, a ball dropping in times square it looks like we'll go off the fiscal cliff. here's what it means to you. your paycheck will shrink. the payroll tax holiday is likely going away, for someone making $50,000 a year, it means $80 out of your paycheck. taxes will rise for 90% of americans by about 2,000 a year for those making between $40,000 and $60,000. making six figures? taxes go up by $13,000 if congress doesn't act. and the hit that families will take. four tax credits in danger of disappeared. four family tax credits, including earned income tax credit, close to $6,000 families for families making $50,000. american opportunit
and spending cuts. so there is a lot to be resolved here in the next few hours. >> too bad we only found out about this, you know, yesterday or the day before. 517 days they've had to work out the details and now we're talking about them all. brianna, we'll be busy today and may be ringing in the new year together. brianna keilar in washington. >>> a ball dropping in washington, a ball dropping in times square it looks like we'll go off the fiscal cliff. here's what it means to...
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Dec 29, 2012
12/12
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WRC
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with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president repeatedly tapping into the public's frustration to bolster his argument. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they too their jobs. the notion that our elected leadership can't do the same thing is mind-boggling to them and needs to stop. >> reporter: the stern words came on the heels of an hour-long meeting with congressional leaders. sources close to the talks say mr. obama gave lawmakers two options. either come up with a bill that can pass both houses or allow a vote on his plan which among other things would extend unemployment benefits and tax breaks for those making $250,000 or less while allowing rates to raise on wealthier americans. something many repub
with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president repeatedly tapping into the public's frustration to bolster his argument. >> the american people are not going to have any...
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Dec 28, 2012
12/12
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president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> we are just four days away from the tax increases and the automatic spending cuts that are going to affect everybody's finances. the president has now called for congressional leaders to come to the white house in search of a last-minute deal to avoid the so-called fiscal cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do
president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any...
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Dec 28, 2012
12/12
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CNBC
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but if we were focusing on entitlement reform or spending or any of the big issues, joe, then obama couldn't get his base to -- so it's awo-way street we got going. >> takes two to tango. if he could have gotten inside together we might have had a shot of getting this done. sadly this is kind of like watching a last-place football team in a two-minute hurry up offense inside the red zone. you know they're going to blow it. all they do is kick a field goal and they can't get that done. this is so unfortunate but it's not going to get done. i agree with jimmy, it's not looking good at all. i'd like to be hopeful. i'd like to be optimistic. it looks like they're going to blow it. >> jimmy, did you watch harry reid yesterday? i mean, did -- i guess mcconnell was bad, too. is there something about harry, is that a song or something? >> mary. >> something about mary. >> your hair. >> sadly, joe, i did watch it, bee i'hate ink. but, yes, i watched the tennis match between the two senate leaders and that is -- that is par normal for the senate these days. when i worked there, they would do exactly t
but if we were focusing on entitlement reform or spending or any of the big issues, joe, then obama couldn't get his base to -- so it's awo-way street we got going. >> takes two to tango. if he could have gotten inside together we might have had a shot of getting this done. sadly this is kind of like watching a last-place football team in a two-minute hurry up offense inside the red zone. you know they're going to blow it. all they do is kick a field goal and they can't get that done....
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Dec 27, 2012
12/12
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KPIX
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obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a deal the coffee giant starbucks is asking employees in approximately 120 washington area cafes to write the words "come together" on cups for drink orders. >> we just wanted to have a subtle message of coming together and everyo
obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that...
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Dec 28, 2012
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big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles.
big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people...
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Dec 26, 2012
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united stat states -- spending cuts we are enacted by the house they voted for. >> the obama deficit. >> you cannot point to democrats and say you're not supporting spending cuts, rite in the president's offer. what you don't understand, i think, is that boehner won't bring this stuff to a vote because he knows the majority of house members, democrats and republicans combined actually want to support a deal as those 200 plus ceos want. what he's doing is political self-preservation, he thinks, because if he doesn't get a majority of his majority under the old gingrich practice, he thinks he will lose his speakership. the country should come first and boehner should bring it to a vote and if he doesn't, he should not be speaker of the house. >> where is the hunt over the next few days for compromise. if you think it's doable, maybe david won't be happy with it but happy enough. >> probably exactly what we've always been talking about, taxes for $250,000 and above and serious spending cuts and any promise on either the debt ceiling and/or medicare. >> do we get a promise on the debt ce
united stat states -- spending cuts we are enacted by the house they voted for. >> the obama deficit. >> you cannot point to democrats and say you're not supporting spending cuts, rite in the president's offer. what you don't understand, i think, is that boehner won't bring this stuff to a vote because he knows the majority of house members, democrats and republicans combined actually want to support a deal as those 200 plus ceos want. what he's doing is political self-preservation,...
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Dec 27, 2012
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the company will spend about $750,000 to expand new facilities. it is planning to add 1200 positions by 2013. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new negotiations have been scheduled. and adding to the pressure, treasury secretary tim geithner says the country is on track to hit its borrowing limit on monday. >>> and former president george h.w. bush has been moved to the intensive care unit at a hospital in houston. he's in guarded condition because of a stubborn fever. mr. bush who is 88, has been hospitalized for more than a month now, trying to recover from bronchitis. >>> you think you pay a lot to park. not compared to folks in chicago. it's going to soon cost $6.50 per hour. that's like 10 cents a minute at a meter
the company will spend about $750,000 to expand new facilities. it is planning to add 1200 positions by 2013. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new...